On behalf of the Ministry of Transport and Communications and the Ministry of Finance, Oslo Economics and Terramar have conducted a quality assurance of The Norwegian Public Roads Administration and Jernbaneverket’s concept study on alternatives for transportation by road and rail between Voss and Arna.<\/p>\n
The concept study recommends ” Concept 5 Large reduction in rail and road – combined solution”. The concept is stated to have an investment cost of 33.4 billion and is in the concept study estimated to have a net benefit of minus 23.4 billion. Of the concepts that are considered, the recommended concept is considered second worst when it comes to priced effects, and worst based on non-priced effects. In achiving goals set, the concept is ranked best.<\/p>\n
Our assessment is that several of the concepts analysed in the concept study responds well to the identified needs, goals set and requirements. For example some alternatives provides, a significant reduction in travel time, and in this way contribute to the road’s benefit. In addition, all the concepts contribute to a reduction in the number of traffic accidents. The analysis includes a calculation of reduced traffic injuries and climate emissions. By our calculations, none of concepts have positive net present value , and the negative net present value is not offset by non-priced effects. Our recommendation is therefore the reference alternative.<\/p>\n
Our analysis shows that parts of the road projects can be economically profitable without tolls, and geographically limited measures in and around the densely populated areas can be economically profitable.<\/p>\n